91 Kerferd Road, ALBERT PARK

PASSED IN - $5,100,000

The crowd filled the backyard for this afternoon's auction. John Bongiorno was at the helm and announced that a vendor bid of $5,000,000 would be starting proceedings. It was put to the crowd for bids of $50,000. After a moment or two Bidder 1 came in for the requested amount, followed a few moments later by Bidder 2. A break was taken as the bidding came to a pause and upon return Bidder 1 offered a $10,000 rise. Mr Bongiorno suggested they meet in the middle at $25,000. Not willing to offer anything further, Bidder 1 bowed out and the property was passed in to Bidder 2 for private negotiations.

2

Auction Date/Time:

Saturday 27 May 2017, 1:30 PM

Auctioneer:

John Bongiorno, Marshall White - Albert Park

Sales Agent:

Michael Paproth, Marshall White - Albert Park

Opening Bid:

$5,000,000

Passed In:

$5,100,000

Bought:

Passed In

Bidders:

2

Crowd Numbers:

70

Auction Vibe:

Expected/Normal

Auction reviewed by:

Rhianna Hoyle

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Buyer Testimonial

We ... will forever be grateful to you ... from saving us from all the bad houses we would have bought had we not worked with you. Dear Mal and Gina,
I held off writing this letter waiting for the buzz and fizz to settle down, the giddiness to disappear - but it hasn't! We're now in the house and even the cons of it haven't popped the bubble of joy we feel.
I just wanted to say a huge and resounding thank you on behalf...